Toyota Says the U.S. Auto Market Has Peaked

The U.S. auto market has peaked and will shrink this year, with manufacturers using unprecedented incentives to support passenger cars through slumping request, a Toyota Motor Corp. executive said.

Industrywide deliveries may decline to as low as seventeen million vehicles from last year’s record of about 17.Five million, according to Bob Carter, president of Toyota’s U.S. Continue reading Toyota Says the U